FY2025 EPS Estimates for Essent Group Raised by Roth Capital

Key Points

• Roth Capital has raised its FY2025 earnings per share estimates for Essent Group to $7.00, up from a previous forecast of $6.85, while the consensus estimate is currently $6.88.
• Essent Group reported a quarterly earnings of $1.93 per share, exceeding expectations by $0.25 and showing a 2.0% year-over-year revenue growth.
• The company recently declared a quarterly dividend of $0.31 per share, with a yield of 2.0%, set to be paid on September 10th.

Essent Group Ltd. (NYSE:ESNT - Free Report) - Equities research analysts at Roth Capital boosted their FY2025 earnings estimates for shares of Essent Group in a report issued on Monday, August 11th. Roth Capital analyst H. Fong now anticipates that the financial services provider will earn $7.00 per share for the year, up from their previous estimate of $6.85. The consensus estimate for Essent Group's current full-year earnings is $6.88 per share. Roth Capital also issued estimates for Essent Group's Q2 2026 earnings at $1.83 EPS, Q3 2026 earnings at $1.90 EPS, Q4 2026 earnings at $2.00 EPS and FY2026 earnings at $7.40 EPS.

Essent Group (NYSE:ESNT - Get Free Report) last issued its earnings results on Friday, August 8th. The financial services provider reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.25. The company had revenue of $319.14 million during the quarter, compared to the consensus estimate of $317.46 million. Essent Group had a net margin of 56.36% and a return on equity of 12.66%. Essent Group's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.91 EPS.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. set a $60.00 target price on shares of Essent Group in a report on Friday, August 8th. Keefe, Bruyette & Woods downgraded shares of Essent Group from an "outperform" rating to a "market perform" rating in a report on Friday, August 8th. DOWLING & PARTN downgraded shares of Essent Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Royal Bank Of Canada reissued an "outperform" rating on shares of Essent Group in a report on Friday, August 8th. Finally, The Goldman Sachs Group set a $60.00 price objective on shares of Essent Group and gave the company a "neutral" rating in a report on Friday, August 8th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $63.67.

Essent Group Price Performance

Essent Group stock traded down $0.98 during mid-day trading on Wednesday, hitting $61.84. The stock had a trading volume of 561,815 shares, compared to its average volume of 769,820. The firm has a market capitalization of $6.09 billion, a P/E ratio of 9.03, a P/E/G ratio of 8.76 and a beta of 0.82. The company has a current ratio of 1.24, a quick ratio of 1.32 and a debt-to-equity ratio of 0.09. The firm's 50 day moving average is $58.64 and its 200 day moving average is $57.47. Essent Group has a one year low of $51.61 and a one year high of $65.33.

Essent Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 29th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. Essent Group's dividend payout ratio (DPR) is presently 18.10%.

Insider Activity at Essent Group

In related news, SVP Mary Lourdes Gibbons sold 3,760 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $62.00, for a total value of $233,120.00. Following the completion of the transaction, the senior vice president owned 247,023 shares of the company's stock, valued at approximately $15,315,426. This trade represents a 1.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Spiegel sold 6,451 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $62.74, for a total transaction of $404,735.74. Following the completion of the transaction, the director directly owned 26,252 shares of the company's stock, valued at approximately $1,647,050.48. The trade was a 19.73% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,950 shares of company stock valued at $919,651. Insiders own 2.90% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ESNT. Fifth Third Bancorp raised its position in Essent Group by 20.2% in the 1st quarter. Fifth Third Bancorp now owns 1,114 shares of the financial services provider's stock worth $64,000 after purchasing an additional 187 shares during the period. State of Alaska Department of Revenue raised its position in Essent Group by 0.5% in the 1st quarter. State of Alaska Department of Revenue now owns 39,301 shares of the financial services provider's stock worth $2,268,000 after purchasing an additional 190 shares during the period. PNC Financial Services Group Inc. raised its position in Essent Group by 5.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,721 shares of the financial services provider's stock worth $215,000 after purchasing an additional 200 shares during the period. Mercer Global Advisors Inc. ADV raised its position in Essent Group by 3.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,988 shares of the financial services provider's stock worth $380,000 after purchasing an additional 242 shares during the period. Finally, Tidal Investments LLC raised its position in Essent Group by 1.2% in the 2nd quarter. Tidal Investments LLC now owns 21,801 shares of the financial services provider's stock worth $1,324,000 after purchasing an additional 261 shares during the period. Institutional investors own 93.00% of the company's stock.

About Essent Group

Essent Group Ltd., through its subsidiaries, provides private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. Its mortgage insurance products include primary, pool, and master policy. The company also provides information technology maintenance and development services; customer support-related services; underwriting consulting; and contract underwriting services, as well as risk management products and title insurance and settlement services.